FreshPips.com / User / Tottie / Voted

Yen, dollar climb, economy woes sting risk demand

posted by erzon 1055 days ago in USD, JPY made popular 1055 days ago

The yen and the dollar gained broadly on Monday on eroding optimism about an improvement in the global economy, dragging equities lower and prompting investors to shun risk and buy currencies perceived to be safe.

Discuss

Swings in Price of Oil Hobble Forecasting

posted by vhinz316 1055 days ago in USD, Oil made popular 1055 days ago

The extreme volatility that has gripped oil markets for the last 18 months has shown no signs of slowing down, with oil prices more than doubling since the beginning of the year despite an exceptionally weak economy.

Discuss

GBP Falters On Growth Concerns

posted by neorix 1055 days ago in GBP made popular 1055 days ago

The Pound fell over 200 pips following a report that the BoE will announce additional quantitative easing at their upcoming policy meeting. Speculation is that another £25 billion will be added to the original £125 billion asset purchase program

Discuss

Traders Flock into Safety of U.S. Dollar Despite Stronger Se

posted by fx360 1055 days ago in USD, JPY, Technical made popular 1055 days ago

We are witnessing the residual impact of Thursday's disappointing non-farm payrolls report on the currency market this morning. U.S. traders basically woke up, looked at the sharp selling of Asian and European equities and the buying of U.S. doll

Discuss

US Open

posted by ACFX 1055 days ago in USD, GBP, Technical

Todays Trading Signals

Discuss

EUR/JPY - Breakdown of Key Trendline

posted by jameschen 1055 days ago in EUR, JPY, Technical made popular 1055 days ago

Price action on EUR/JPY, a daily chart of which is shown, has started out this week with what is looking like a breakdown below a very important uptrend support line extending from the late January lows. This trendline has been respected in a pre

Discuss

CAD opens at 85.86 cents US, down 0.22 of a cent

posted by jirachi 1055 days ago in CAD made popular 1055 days ago

The Canadian dollar opened at 85.86 cents US this morning, down 0.22 of a cent from Friday's close. The U.S. dollar stood at C$1.1647 up 0.30 of a cent.

Discuss

Yen as Winner Currency Makes Little Sense

posted by shadowf 1055 days ago in JPY made popular 1055 days ago

Commerzbank AG said it’s skeptical the yen will emerge as the “winner” against the dollar and the euro because the economic slump in Japan is as severe as it is in Europe and the U.S.

Discuss

Gold falls as oil tumbles, dollar strengthens

posted by ezir 1055 days ago in USD, Gold, Oil made popular 1055 days ago

Gold futures fell Monday, dropping to their lowest level in two weeks as tumbling oil prices and a stronger dollar curbed the metal's appeal as an inflation hedge and an alternative investment.

Discuss

USDJPY Consolidates, Retail Longs Jump 26%

posted by sophia 1055 days ago in USD, JPY, Retail Sales made popular 1055 days ago

The ratio of long to short positions in the USDJPY stands at 2.70 as nearly 73% of traders are long.

Discuss

Euro and Pound Slide as Concerns Over Recovery Mount

posted by fx360 1055 days ago in EUR, GBP, Technical made popular 1055 days ago

The euro and pound were sharply lower on the first trading day of the week as a fresh bout of risk aversion and concerns over monetary policy weighed on the high beta currencies while the dollar and the yen gained across the board. With economic

Discuss

Pound Falls on Bearish Market Pessimism

posted by varna 1055 days ago in USD, EUR, GBP made popular 1055 days ago

Speculations that the Bank of England will take further measures to stimulate the national economy brought pessimism to British markets, setting the pound down against currencies like the euro, dollar and the yen.

Discuss